Japanese automakers’ China sales increased by over 10% from a year earlier in July as the world’s biggest auto market showed some recovery amid coronavirus crisis. Nissan Motor said on Wednesday its sales in China increased 11.6% last month from a year ago to 120,945 vehicles. China is a market that Nissan is concentrating on […]
Toyota
U.S. auto sales recovery continues as Toyota posts lowest decline this year
U.S. new vehicle sales in July continued to show indications of recovery from the coronavirus pandemic, as Toyota Motor on Monday published its lowest sales reduction since the coronavirus crisis damaged the sector in mid-March. The Japanese automaker informed that its sales in July fell 19% versus the same month in 2019, to 169,484 units. […]
New Toyota Yaris facelift revealed in the Philippines
After providing a series of teaser images, Toyota Yaris facelift has been finally revealed in the Philippines. It is the second significant update to the Yaris sedan since the current generations’ introduction in the ASEAN region in 2013. The Yaris is also known by the name ‘Vios’ in the Philippines. The recently updated model will likely […]
Toyota sees more recovery in global auto production in August
Japanese automaker Toyota Motor will make 2% fewer vehicles worldwide in August than originally planned, the Japanese automaker stated on Tuesday, as output recovers gradually from a sharp decline because of the coronavirus pandemic. The automaker said it intended to make 15,000 fewer vehicles than its original plan. August’s reduction is smaller than the cut […]
Toyota sees July vehicle output down 10% as per original plan
Toyota Motor stated on Monday it would make 10% fewer vehicles in July than what they had initially planned, as it gradually restarts output after factory closures earlier this year because of the coronavirus crisis. The automaker stated it planned to make 71,000 fewer vehicles worldwide in July than its original goal of about 700,000. […]
Toyota, Nissan and Honda gear up to restart Mexico plants
Japanese automakers Toyota, Nissan and Honda stated they are gradually resuming plants in Mexico as the country’s automotive industry reboots in line with a broader economic reopening, even though numbers of new coronavirus cases continue to increase. Mexican officials in mid-May stated the automotive industry could exit the coronavirus lockdown before June 1 if the […]
Toyota sees 80% decline in profit as coronavirus hit billions worth car sales
Toyota Motor said on Tuesday it expects profit to decline by 80% to its lowest in nine years, as Japan’s biggest automaker attempts to recover with the impact of the coronavirus which has led a significant decline in global demand for vehicles until now. The expected damage to Toyota’s bottom line shows upcoming experiences of […]
Toyota to cut North American production by 29% through October
Toyota Motor prepares to cut production in North America by almost a third through October because of the coronavirus crisis and expects it will take some time for production to return to normal, a person knowledgeable with the matter said. Toyota will make about 800,000 vehicles, including its RAV4 SUV crossovers and Camry sedans, at […]
Volkswagen, Toyota delay U.S. production restart, citing supplier concerns
Volkswagen AG and Toyota Motor stated on Wednesday they will delay resuming U.S. production amid the coronavirus pandemic and concerns regarding the automotive supply network. VW stated it is indefinitely postponing the resumption of production at its Tennessee assembly plant that had been set to resume on May 3. Toyota stated it will postpone the […]
Toyota to gradually restart North America production from May 4
Toyota Motor stated on Thursday it expects to gradually restart North American production from May 4 and will impose significant new safety procedures after it stopped operations in March due to the coronavirus pandemic. The largest Japanese automaker stated it expects production will be reduced next month. The company added it is unclear when the […]
Japanese governor offers emergency loan to Toyota suppliers
As Toyota plans to almost halve production at Japanese factories, a local governor stated on Thursday he would offer 400 billion yen ($3.72 billion) in emergency loans for small and mid-size firms including Toyota’s suppliers. Toyota Motor’s headquarters are in Aichi Prefecture, at Toyota City, which was named following the company in the 1950s to […]
Toyota-backed Pony.ai to provide autonomous delivery service in California
Toyota-backed autonomous driving company Pony.ai stated Friday it would provide an autonomous delivery service to residents of Irvine, California, as demand for online orders has increased due to the lockdown led by COVID-19 coronavirus. About 90% of U.S. shoppers are under stay-at-home orders, and an increase in demand for package and grocery delivery has left […]
Toyota to cut production in Japan in May due to coronavirus
Toyota Motor on Wednesday said it will slash production of completed vehicles by 40 percent in Japan in May as demand continues to decline across the world because of the coronavirus crisis. The measures, which will slash production to 79,000 vehicles for the month, include suspending production on some days and decreasing shifts form two […]
Toyota suspends auto production in Brazil until June
Toyota Motor on Monday stated it was suspending auto production in its Brazil plants for until at least June 22, due to the increase of coronavirus. The automaker has joined General Motors (GM) with suspending automaker as GM also expects to restart production in the same month. Most automakers in Brazil, South America’s top auto […]
Toyota extends North American plant shutdown and stop paying temporary workers
Toyota Motor stated Wednesday it prepares to resume its North American auto plants on May 4, extending its existing shutdown by two additional weeks. The automaker mentioned the ongoing COVID-19 coronavirus pandemic and fall in vehicle demand to extend the halt of production at all of its automobile and components plants located in Canada, Mexico […]
